Strides Shasun has reported results for second quarter ended September 30, 2016.
The company has reported over two fold rise in its net profit at Rs 30.72 crore for the quarter under review as compared to Rs 13.37 crore for the same quarter in the previous year. Total income of the company decreased by 0.73 % at Rs 563.58 crore for the quarter under review as compared Rs 567.72 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over two fold rise in its net profit after taxes, minority interest & share of loss of associates & Joint Venture at Rs 74.09 crore for the quarter ended September 30, 2016 as compared to Rs 35.81 crore for the same quarter in the previous year. Total Income of the company has increased by 29.85 % to Rs 995.79 crore for the quarter under review from Rs 766.87 crore for the quarter ended September 30, 2015.
